The European Union has stated today that it is taking the "exploding" iPhone issues very, very seriously. EU consumer watchdog Meglena Kuneva has explained that if national authorities find out that manufacturing faults are the cause of the issue, the iPhone will face an EU-wide recall.

No, EU just tries to keep unsafe products out of market which is a good thing. I can understand it is frustrating if a product you believe in suddenly shows big problems, but safety has higher priority than any other thing. I don't want ANY product to cause ANY injury to me or ANY person, and You?

You know that only shows that they try to have a free market. A free market as it was intended by its inventors.

No monopolies and if they are they are not allowed to use their power to wipe off competitors. That is the one side you refer in your post, the side of the companies.

Yet the free market also contains of the consumers and it is only free if everybody has total information as that is not possible it is in the interest of the consumer if the authorities that might have more information act upon that -- second issue.

Bully-actions are bad for a free market no matter if it is about US companies or EU companies like Thysen Krupp, Otis and the elevator-companies that had to pay high fees.

A free market isn't something that is designed, it's what happens naturally. It's a natural system of trade.

You have to try to stamp it out if you want anything else.

Monopolies are not bad when they add value to the lives of consumers. For example in some Alaska towns there is only a single company that will provide air delivery service during the winter months.

Some posters here seem to think that all monopolies should be banned which for many Alaskans would make their lives difficult. Monopolies often exist because consumers are satisfied and competitors see greater benefit in directing capital elsewhere.